Why CoreWeave plans to buy Core Scientific — and why both stocks are dropping - MarketWatch
1. CoreWeave plans to acquire Core Scientific for $9 billion in all-stock deal. 2. The merger aims to enhance efficiency and control over power resources. 3. CoreWeave expects significant cost savings from streamlined operations post-acquisition. 4. Analysts see acquiring Core Scientific will help CoreWeave secure larger power deals. 5. CoreWeave's stock has dropped 2.9%, likely due to expected shareholder dilution.